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We hereby demand assurances that you will duly perform your obligations under the purchase and sale agreement notwithstanding [Describe Grounds – e.g., “the ... How to fill out Notice Demand Performance? ... Aren't you sick and tired of choosing from hundreds of templates every time you require to create a Notice of ...by ND Hamilton · Cited by 34 — ... in breach, the seller can demand adequate assurance of performance from the buyer. If the buyer cannot provide it, the contract is considered repudiated. It ... "Surety bond" means an indemnity agreement, in a specific sum payable to the Kansas ... a permit area on which a performance bond or other equivalent guarantee ... Kansas law requires that the demand for adequate assurances be in writing, but ... “Purpose of the demand for assurances of performance by the insecure party ... to the performance of either party the other may in writing demand adequate assurance of due performance and imtil he receives such assurance may if ... Performance and payment bonds can be separate documents or may be combined. Just as lien laws vary, statutes governing public project bonds vary from state to ... Apartment houses, guests' property for charges due, 36-203 et seq. Appearance, notice to seller to defend action for breach of warranty against buyer, 84-2-607. the court first stated that “purpose of a [public employees blanket bond] is to guarantee the honesty and faithful performance of the insured's employees by ... (1) A contract for sale imposes an obligation on each party that the other's expectation of receiving due performance will not be impaired. When reasonable ...
